Funding Round · Lending · 2021

Open Co raises $115M Series B led by SoftBank

Open Co raised $115M Series B led by SoftBank Latin America Fund on December 15, 2021.

Primary
Open Co
Counterparty
SoftBank Latin America Fund
Amount
$115M
Structure
Series B
Date
December 15, 2021
Sub-sector
Lending

Brazilian consumer credit platform merging two lenders to address high interest rate spreads and credit access gap affecting 62M unbanked/underserved Brazilians.

Primary company
Open Co
Amount
$115M
Event date
December 15, 2021
Sub-sector
Lending
HQ
Structure
Series B
Source published
December 15, 2021
Publisher
TechCrunch

Source: techcrunch.com